Most listings are in the $30's per square foot per year. The Far Rockaway submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $34 per sqft per year.
Compared to the rest of the New York City market, the Far Rockaway submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 4 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,750 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1967 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Most of the occupants of Far Rockaway work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.